CITIZENSHIP BY INVESTMENT BLOG

Spain Golden Visa

Question: ”What is the Spanish Golden Visa?"

Answer: According to legislation ratified by the Spanish
Parliament in October 2013, Spain is offering a residency
visa also known as the "Spanish Golden Visa" to foreign
investors in an effort support the country's economic development.

New applicants will need to show an investment of at least
EUR 500,000 in real estate in Spain, or transfer at least
EUR 1,000,000 or create a duly recognized new business in
Spain, or invest a minimum of EUR 2,000,000 into government
bonds.

The Spanish Golden Visa Program is a ten year investment-based
residence process. After ten years as a permanent resident
the applicant is eligible for citizenship if desired.

Because the time to Spanish citizenship (EU passport) is
quite long, this program has become less popular over the
past few years. Unless the goal is to live in Spain, investors
now favor the residency or citizenship by investment programs
of countries such as Cyprus, Malta, Greece or Bulgaria,
where citizenship may be obtained as quickly as 90 - 180
days.

Because immigration by investment program details can
change from time to time please inquire with us regarding
the latest rules and regulations for the program of your
choice.